Shareholder Value Maximization and Product Market Competition (Classic Reprint)

December 18, 2018|
Shareholder Value Maximization and Product Market Competition (Classic Reprint) by Julio Rotemberg
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Excerpt from Shareholder Value Maximization and Product Market Competition

Instead, managers learn along with the market about their types. Nevertheless, managerstry to manipulate the market's assessments through unobservable actions. Similarly, in our model, firms are not privately informed about their inherent profitability, but try to influence the market's assessments through their unobservable product-market strategies.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Title:Shareholder Value Maximization and Product Market Competition (Classic Reprint)
Format:Paperback
Dimensions:56 pages, 9 X 6 X 0.12 in
Published:December 18, 2018
Publisher:FB&C Ltd
Language:English
Appropriate for ages:All ages
ISBN - 13:9781330500514

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